Bank Of Baroda Lali Kheda Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Lali Kheda Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lali Br. Dist. Kheda Gujarat
Contact 02694-238286
Bank Details Bank Of Baroda Lali Br. Dist. Kheda Gujarat BARB0LALIXX
Location Lali, Kheda
City Lali
District Kheda
State Gujarat
Pincode 387120
Country IN
Address Lali, tal-. Mehamadabad, dist. Kheda, gujarat - 387 120.
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 387012519 for Lali Br. Dist. Kheda Gujarat branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 387012519 of Baroda Bank, Lali Br. Dist. Kheda Gujarat branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Lali Br. Dist. Kheda Gujarat branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of Baroda are available with micr code -

>>Lali Br. Dist. Kheda Gujarat

MICR code for Bank Of Baroda Lali Br. Dist. Kheda Gujarat

Bank Of Baroda MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Baroda Bank MICR code for Lali Br. Dist. Kheda Gujarat is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 387012519 is the MICR code of BOB for Lali Br. Dist. Kheda Gujarat branch. MICR code for Lali Br. Dist. Kheda Gujarat branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Baroda Bank Lali Br. Dist. Kheda Gujarat is presented in the table alongside.

Use of Baroda Bank MICR code for Lali Br. Dist. Kheda Gujarat branch in lali

The MICR code 387012519 is used in RBI cheque clearing process to identify the branch Lali Br. Dist. Kheda Gujarat and Baroda Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of BOB is typically in either of these two font’s: E-138 and CMC-7.

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